Irish Jobless Rate Hits Lowest Since November 2008

Irish seasonally adjusted unemployment rate was recorded at 8.6 percent in January 2016, down from 8.8 percent in December and from 10.1 percent a year earlier. The unemployment rate reached its lowest level since November 2008, as the number of unemployed continued to drop.

The seasonally adjusted number of persons unemployed was 186,700 in January, a decrease of 3,000 when compared to the previous month or a decrease of 30,500 when compared to January 2015.

The seasonally adjusted unemployment rate for males fell to 9.8 percent from 10 percent in the previous month, while for females it decreased slightly to 7.2 percent from 7.3 percent in December. The number of males unemployed dropped by 2,300 to 116,300 from 118,600, while the number of females unemployed declined by 600 to 70,400 from 71,000.

Youth unemployment rate was recorded at 19.1 percent, down from 19.2 percent in the previous month.

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